Daily Asia Gaming eBrief: Push for a unified regulatory framework for iGaming

Wednesday 26th of June 2024

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Good Morning. The iGaming industry continues to find new frontiers, pushing regulators and operators themselves to adapt, self-correct and stay the course. But having a unified regulatory framework could help all players better interact, adapt and evolve, notes the CEO of a top live games provider. Meanwhile, in Macau GGR looks like it will drop slightly in June, in line with seasonal trends and the ongoing Euro cup. In supplier news, check out the latest updates from Novomatic and Ainsworth, with new products and upgrades!

What you need to know

Seeking a unified regulatory framework is the best way forward for the iGaming industry, says ATMOSFERA's CEO.
Macau’s GGR for June experiences a decline attributed to seasonal trends and the impact of Euro 2024, as outlined in UBS's latest market analysis.
Novomatic and Ainsworth debut their latest offerings, featuring Xtension Link 2, a new ETG system and Grand Fortune: see the video!

On the radar

The Star appoints Steve McCann as new CEO and Managing Director.
Dowinn extends temporary cessation to secure ‘necessary funding’.
Jeju Dream Tower management could face charges for fire safety regulations.
Promising outlook for Macau gaming and SJM amid China concerns: CBRE.
Emperor Ent. confident in Macau gaming market after strong results.
POGO mayor Alice Guo faces new charges.
Indonesian authorities collaborating with Interpol in online gambling crackdown.
The Star’s premium customer revenue declines continue.

AGB Intelligence

IGAMING

Regulatory framework key for progress: ATMOSFERA CEO

Operators in the iGaming space can never be content to sit on their laurels, as a changing customer demographic implies more demands regarding user interfaces and experiences, notes the CEO of live games provider ATMOSFERA. Taking the time to get the product right, rather than rushing the launch, can be a make or break factor regarding clientele, while the executive also hopes to smoothen the regulatory process via universal standards across the industry.

Corporate Spotlight

Know Your Enemy: An Interactive Guide to Online Gaming Fraud

Sumsub, Online Gaming Fraud, verification platform

Online gaming fraud is on the rise in the iGaming industry. In Q1 2022, there was an 85% increase in fake account registrations compared to Q4 2021. While players are undoubtedly affected by gaming fraud, iGaming platforms also suffer due to damaged reputations, huge financial losses, and legal consequences.

How 1xBet dominates the Asian market: conditions and approach

1xBet operates in several dozen countries in Asia, and the number of partners in this region is growing steadily, which indicates the effectiveness of the 1xPartners affiliate program. The brand offers favorable conditions and a modern set of tools for making money on the Internet.